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Infrastructure Today Magazine | IRB Infra’s SPV achieves Financial Closure for Rs 2,088 cr

IRB Infra’s SPV achieves Financial Closure for Rs 2,088 cr

Web Exclusive  /  Jul 06, 2017

Udaipur Tollway Pvt. Ltd, a Special Purpose Vehicle (SPV) of India’s largest Highways Infrastructure developers, IRB Infrastructure Developers Ltd, has successfully achieved financial closure for its Udaipur – Gujarat Border 6 Laning BOT project.

The SPV, in terms of the concession agreement executed with the National Highway Authority of India (NHAI), has tied up with the consortium of lenders for project finance to the tune of Rs 1,461 crore.

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  • Udaipur Tollway Pvt. Ltd
  • SPV
  • NHAI
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